Do integrated economies grow faster? evidence from domestic equity holdings

This paper aims to investigate the impact of financial integration on economic growth. Home bias, which is the tendency of over-investing in domestic stock bourse, is proposed as a proxy of advanced financial integration. The persistence of home bias reflects the existence of international friction....

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Bibliographic Details
Main Authors: Lee, Pei Ling, Chin, Lee, Law, Siong Hook, Saini, Azman
Format: Article
Language:English
Published: Economics Bulletin 2017
Online Access:http://psasir.upm.edu.my/id/eprint/61511/1/Do%20integrated%20economies%20grow%20faster%20evidence%20from%20domestic%20equity%20holdings.pdf